Can my husband refinance the house without me in Texas?

Can my husband refinance the house without me in Texas?

If you’re the sole owner of a house, you can refinance without your spouse’s signature or consent. If you own a property together and both of you want to remain as borrowers on the refinance loan, then your spouse will need to apply for and sign the refinance documents.

Can my husband refinance your house without me?

It is not possible for one spouse to refinance a joint mortgage without the other borrower’s knowledge or consent — that would be mortgage fraud. In addition, the spouse remaining on the mortgage needs to be able to qualify for the loan on their own.

Does my wife need to be on the Deed in Texas?

Because the Deed of Trust basically “shares” ownership between the borrower and the lender’s trustee, and because Texas is a community property state, both the borrower and the spouse (even if they are not on the mortgage note) must be on the Deed of Trust.

Does my wife need to be on the deed in Texas?

Can my husband refinance the house without me?

Can you refinance a cash-out mortgage in Texas?

But you must wait at least 12 months from the date of your Texas cash-out refi closing. “In the past, if you had a cash-out mortgage or any kind of home equity loan you wanted to refinance, you needed to refi using the same type of Texas cash-out refi loan. Related: Cash-out refinance vs home equity loan: The better deal might surprise you

Can I change the title on separate property?

Separate property is always separate property, that much is true; however, if you change the title on separate property you may have accidentally given up the protection separate property has in a divorce. As we’ve discussed before, separate property is property acquired before the marriage.

Can a deed of trust be changed when you refinance?

These actions release the original deed of trust rather than change, alter or replace it. Once the refinance transaction is finalized, only the terms and conditions explained in the new deed of trust apply. Owners refinance their original home loans for a variety of reasons.

Can my wife remove my name from my mortgage loan?

Many lenders will allow for loan modifications without a full refinancing, so the decree could stipulate that she work with the mortgage holder to remove your name (reassigning the loan) The decree can direct your spouse to use the slightly aggressive tactic of asking the lender to remove your name or she will refinance elsewhere